Economy Lithuania
Lithuania - KEY CORPORATE FEATURES  
General  
Type of Company Private LLC
Type of Law Civil
Shelf company availability Yes
Our time to establish a new company 21 days
Migration of Domicile Permitted No
Corporate Taxation 15% on profits, 5% for micro companies
Double Taxation Treaty Access Yes
Language of Name Latin or Lithuanian letters
Corporate requirements  
Minimum Number of Shareholders / Members One, Maximum 249.
Minimum Number of Directors / Managers one
Corporate Directors / Managers Permitted no
Company Secretary Required no
Usual Authorised Capital LTL 10,000 (2899EUR)
Minimum paid up LTL 10,000 (2899EUR)
Local requirements  
Registered Office/Agent yes
Company secretary no
Local directors no
Local meetings no
Government register of directors/Managers yes
Government Register of Shareholders / Members yes
Accounts  
Requirements to prepare Yes
Audit requirements Yes, but small company exemption
Requirements to file accounts Yes
Publicly accessible accounts Yes
Annual requirements  
Annual return yes

If you have questions about Lithuania, do not hesitate to contact us.